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Related Experiment Videos

Anticipating wildcards.

B Peters

    Michigan Health & Hospitals
    |January 6, 2000
    PubMed
    Summary
    This summary is machine-generated.

    Wildcard strategic planning prepares organizations for low-probability, high-impact events. This approach extends disaster planning to ensure organizational survival, not just individual medical care.

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    Area of Science:

    • Healthcare Management
    • Strategic Planning
    • Risk Management

    Background:

    • Hospitals utilize disaster plans for unlikely emergencies.
    • Current plans focus on immediate medical response.
    • Organizational survival requires a broader strategic view.

    Purpose of the Study:

    • To introduce wildcard strategic planning for organizational resilience.
    • To shift focus from individual care to long-term survival.
    • To adapt disaster planning principles for strategic foresight.

    Main Methods:

    • Conceptual framework development.
    • Extension of existing disaster planning models.
    • Analysis of organizational survival in extreme scenarios.

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    Main Results:

    • Wildcard planning identifies low-probability, high-impact events.
    • It provides a framework for proactive organizational adaptation.
    • This strategy enhances resilience against unforeseen disruptions.

    Conclusions:

    • Wildcard strategic planning is essential for long-term organizational viability.
    • It complements traditional disaster preparedness by focusing on survival.
    • Adopting this approach ensures robustness in unpredictable environments.